Pulling SEC filings + quote and writing the call…
| Fiscal year | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|
| Net income | $15.0M | $25.9M | $29.5M | $44.7M | $52.7M | $40.0M | $11.7M | $17.8M | $17.4M |
| EPS (diluted) | $1.07 | $1.84 | $1.91 | $2.52 | $2.97 | $2.10 | $0.58 | $0.83 | $0.68 |
| Fiscal year | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $47.9M | $53.6M | $19.2M | -$22.3M | $150M | $103M | $26.8M | $21.7M | $67.5M |
| Capital expenditures | $2.95M | $3.75M | $2.90M | $3.81M | $1.71M | $1.79M | $3.07M | $12.4M | $8.70M |
| Free cash flow | $44.9M | $49.8M | $16.3M | -$26.1M | $148M | $101M | $23.7M | $9.38M | $58.8M |
| Share buybacks | $294K | $356K | $1.95M | $482K | $712K | $738K | $6.64M | $276K | $737K |
| Dividends paid | $6.73M | $7.46M | $8.91M | $10.4M | $10.8M | $12.8M | $14.8M | $15.4M | $20.8M |
| Fiscal year | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $122M | $40.7M | $144M | $173M | $242M | $58.2M | $130M | $61.2M | $67.2M |
| Total assets | $2.14B | $2.18B | $2.36B | $3.01B | $3.39B | $3.78B | $3.91B | $5.26B | $5.23B |
| Total liabilities | — | $1.98B | $2.07B | $2.68B | $3.03B | $3.42B | $3.54B | $4.77B | $4.67B |
| Long-term debt | — | $58.8M | $58.8M | $58.7M | $58.9M | $58.8M | $59.0M | $59.1M | $59.2M |
| Shareholders' equity | $148M | $162M | $286M | $330M | $359M | $357M | $369M | $495M | $565M |
| Retained earnings | — | $159M | $178M | $212M | $254M | $280M | $273M | $274M | $270M |
| Shares (wtd avg diluted) | 14.0M | 14.1M | 15.1M | 17.4M | 17.5M | 18.9M | 20.1M | 21.3M | 25.7M |
Every figure is extracted from ALERUS FINANCIAL CORP’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.
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